A company with ties to the defunct cryptocurrency exchange FTX is reportedly being acquired by Robinhood Markets and Susquehanna International Group as part of a push into prediction markets. According to a Reuters report on Tuesday, Robinhood and Susquehanna will acquire a 90% stake in LedgerX, one of the few solvent companies tied to FTX following its bankruptcy filing in 2022. The reported move came just hours after Robinhood announced the launch of a futures and derivatives platform with options for prediction markets. Robinhood initially reported the acquisition of a…
Day: November 26, 2025
XRP Price Is Forming A Death Cross That Previously Led To A 15% Crash
The XRP price is currently at risk of a crash as crypto analyst Umair has revealed that the altcoin has formed a death cross. Notably, this same pattern formed the last time that XRP suffered a 15% crash. XRP Price At Risk With Death Cross Forming In an X post, Umair stated that a death cross was forming on the daily chart for the XRP price. He further noted that the last time the altcoin printed this setup, it crashed by 15%, which, the analyst said, lines up perfectly with…
Upexi Treasury raises $23M to expand SOL holdings
Key Takeaways Upexi, a company focused on Solana, raised $23 million in a private placement to expand its SOL holdings. The private placement featured common stock and warrants, priced above the at-the-market rate per Nasdaq rules. Share this article Upexi, a Solana-focused treasury company, today raised $23 million through a private placement offering to expand its SOL token holdings. The company acquires, holds, and stakes SOL tokens to provide digital asset exposure through equity securities. The private placement was priced above the at-the-market price under Nasdaq rules and included common…
Bolivia To Integrate Crypto in Economic System
The government of Bolivia will integrate cryptocurrencies and stablecoins into the financial system in a push to modernize the country’s economy, Bolivia’s economic minister, Jose Gabriel Espinoza, announced on Tuesday. Banks will be allowed to custody crypto on behalf of clients, enabling digital currencies to function as a legal tender for savings accounts, credit products, and loans, according to Reuters. “You can’t control crypto globally, so you have to recognize it and use it to your advantage,” Espinoza said. The growth rate of crypto adoption by geographic region in 2024…
Ark Invest acquires 174K Alphabet shares as the stock hits all time high
Key Takeaways Ark Invest, led by Cathie Wood, acquired 174,000 shares of Alphabet. Alphabet’s stock price is surging due to strong search business and AI advancements. Share this article Ark Invest, an investment management firm led by Cathie Wood that specializes in actively managed ETFs focused on disruptive innovation, acquired 174,000 Alphabet shares as the tech giant’s valuation continues to surge after reaching an all-time high yesterday. The acquisition comes as Alphabet, the multinational technology company that owns Google, has seen its stock climb due to strong performance in search…
Thailand Orders World To Delete 1.2 Million Iris Scans
Authorities in Thailand have officially requested World, a Sam Altman-backed digital identity project, to suspend operations and delete all user identification data. Thailand’s Economic and Social Development Board, the country’s strategic planning agency, has ordered World to delete iris scans of 1.2 million local users, according to a statement by the Ministry of Digital Economy and Society (MDES) on Monday. The order detailed that World’s iris scanning in exchange for its Worldcoin (WLD) token violated Thailand’s Personal Data Protection Act, which governs the collection, use and disclosure of personal data.…
Brutal 60% Crash Comes Next?
Check out why PEPE’s bulls may take another major blow soon. PEPE – the frog-themed meme coin, which was among the crypto sensations towards the end of last year – has been spiraling downward in the past several months. According to some well-known analysts, its condition may even worsen in the near future, and its price could collapse by double digits. Bigger Crash on the Horizon? Pepe (PEPE) currently trades at roughly $0.000004478 (per CoinGecko’s data), meaning a 37% decline on a monthly scale. Its market capitalization has fallen…
Tom Lee targets $2,500 as the exhaustion point for Ethereum sellers
Key Takeaways Tom Lee suggests Ethereum sellers may exhaust at the $2,500 level based on Tom DeMark’s analysis. Ethereum’s “minor” downside may precede a massive rally to $7,000–$9,000 by the end of January, according to Lee. Share this article Tom Lee sees a potential buy setup if Ethereum slides to $2,500. The founder of Fundstrat and chairman of BitMine Immersion, which now owns 3% of the total ETH supply, believes that level would represent a healthy market bottom, citing analysis from strategic advisor Tom DeMark. “In our conversations, when he…
PayPal introduces Bitcoin raffle with prizes up to $100K for US users
Key Takeaways PayPal launched a Bitcoin raffle for US users with up to $100,000 weekly prizes. The raffle runs through late December, targeting the holiday season. Share this article PayPal, a digital payment platform, today launched a Bitcoin raffle offering US users the chance to win $100,000 prizes through weekly draws running through late December. The sweepstakes allows participants to enter by purchasing crypto through PayPal’s app or by submitting free mail-in entries. The promotion targets US users as part of a holiday season engagement effort designed to boost crypto…
How the SEC’s revised 2025 plan could streamline crypto oversight
Key takeaways For years, US crypto firms operated under overlapping rules from the SEC, CFTC, FTC and FinCEN. The revised 2025 plan signals Washington’s intent to build a more flexible and structured framework tailored to digital assets. The SEC is moving toward a model centered on innovation, capital formation, market efficiency and investor protection. This marks an acknowledgment that crypto requires dedicated rules rather than adaptations of older regulations. The plan may lead to exemptions, safe harbors, DLT-specific transfer agent rules and crypto market structure amendments. These steps could help…